Pakistan Stock Exchange witnesses another Boom

PSX has crossed 53 thousand points after 6 and a half years.

The stock exchange’s 100 index hit an all-time high on Friday, the last day of the business week, after a sharp market rally. An increase of 600 points was recorded in the 100 index, after which the 100 index reached the level of 53 thousand 248 points during the business.

Read More: Pakistan Stock Exchange, 100 index increased by 410 points

Earlier, 100 index reached the highest level of 53 thousand 127 on May 24, 2017 continued boom in business, Pakistan Stock Exchange sets records.

Economists say that the announcement of the election date has restored investors’ confidence, besides the progress in the review talks with the IMF has also had a positive impact on the market.